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Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
Location of Texas. Texas is a state in the South Central region of the United States. The region's second-quarter 2018 gross state product was 8.6% of the GDP of the country at $1.755 trillion, with significant growth in mining, quarrying, and oil and gas extraction. [1]
At one point, known as BJ Services Company, the company operated in more than 50 countries worldwide. BJ Services generated record revenue of $5.4 billion in fiscal 2008, up 13% from the prior year, and had 18,000 employees. [1] On April 28, 2010, the company was bought by Baker Hughes in a $5.5 billion stock and cash deal.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
The company, established in 1977, provides well services and is based in Houston, Texas with other offices in Midland, Texas and regional offices in Bakersfield, California; Farmington, New Mexico; Casper, Wyoming; El Reno, Oklahoma; Fort Lupton and Grand Junction, Colorado; Lafayette and Shreveport, Louisiana; and Arnoldsburg, West Virginia.
Weatherford International plc is an American multinational oilfield service company, [2] headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions. [3] The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil ...
Smith International grew into a global, diversified Fortune 500 company that had three main operating segments: M-I SWACO, a 60-40% joint venture with Schlumberger; Wilson Distribution, one of the two largest energy industry supply chain solutions businesses in North America; and, as of last year, Smith Oilfield. The latter encompasses Smith ...
Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet.